An implied-in-fact condition and constructive condition are the same

Indicate whether the statement is true or false


False

Business

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Giving, receiving, offering or soliciting something of value because of an official act that has been taken is

a. bribery b. a conflict of interest c. an illegal gratuity d. economic extortion

Business

Myra will be moving to London as part of an expatriate assignment. Rather than try to figure out how to add-on to Myra’s compensation, the organization decides to pay her as if she was a member of their London workforce. It appears Myra will be paid under the ______ approach to expatriate compensation.

A. balance sheet B. split-pay C. negotiation D. localization

Business

Sheehan Inc. is deciding whether to invest in a project today or to postpone the decision until next year. The project has a positive expected NPV, but its cash flows might turn out to be lower than expected, in which case the NPV could be negative. No competitors are likely to invest in a similar project if the firm decides to wait. Which of the following statements best describes the issues that the firm faces when considering this investment timing option?

A. The investment timing option would not affect the cash flows and therefore would have no impact on the project's risk. B. The more uncertainty about the future cash flows, the more logical it is to go ahead with this project today. C. Since the project has a positive expected NPV today, this means that its expected NPV will be even higher if the firm chooses to wait a year. D. Since the project has a positive expected NPV today, this means that it should be accepted in order to lock in that NPV. E. Waiting would probably reduce the project's risk.

Business

Double-loop learning involves:

A. turning employee attention away from a negative focus on problems, missteps, deficiencies, shortcomings, and blaming. B. developing the ability to anticipate problems, preventing many situations from arising, and challenging one's own limiting assumptions and paradigms. C. the use of structured activities designed to help individuals or groups improve their work effectiveness. D. activities fostering collaboration across groups, transmitting essential values, stimulating ethical behavior, or sparking action.

Business